Western Acquisition Ventures (Western Acquisition Ventures) Equity-to-Asset : 0.03 (As of Dec. 2023)

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What is Western Acquisition Ventures Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Western Acquisition Ventures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.11 Mil. Western Acquisition Ventures's Total Assets for the quarter that ended in Dec. 2023 was $3.41 Mil.

The historical rank and industry rank for Western Acquisition Ventures's Equity-to-Asset or its related term are showing as below:

WAVS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.99
Current: 0.03

During the past 3 years, the highest Equity to Asset Ratio of Western Acquisition Ventures was 0.99. The lowest was 0.03. And the median was 0.04.

WAVS's Equity-to-Asset is ranked worse than
82.25% of 614 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs WAVS: 0.03

Western Acquisition Ventures Equity-to-Asset Historical Data

The historical data trend for Western Acquisition Ventures's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Acquisition Ventures Equity-to-Asset Chart

Western Acquisition Ventures Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.04

0.99

0.03

Western Acquisition Ventures Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial						0.99	0.69	0.65	0.11	0.03

Competitive Comparison of Western Acquisition Ventures's Equity-to-Asset

For the Shell Companies subindustry, Western Acquisition Ventures's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Acquisition Ventures's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Western Acquisition Ventures's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Western Acquisition Ventures's Equity-to-Asset falls into.

Western Acquisition Ventures Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Western Acquisition Ventures's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	0.106	/	3.412
	=

Western Acquisition Ventures's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	0.106	/	3.412
	=

Western Acquisition Ventures (NAS:WAVS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Western Acquisition Ventures Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Western Acquisition Ventures's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Western Acquisition Ventures (Western Acquisition Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Western Acquisition Ventures Corp (NAS:WAVS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 Broadway, 12th Floor, New York, NY, USA, 10004

Website

https://www.westernacquisitionventures.com

Western Acquisition Ventures Corp is a blank check company.

Executives

Robin L Smith	director	C/O PHASE III MEDICAL, INC., 330 SOUTH SERVICE ROAD, SUITE 120, MELVILLE NY 11747
Adam K Stern	director	STERN AEGIS VENTURES, 810 7TH AVENUE 22ND FLOOR, NEW YORK NY 10019
Stephen Christoffersen	director, officer: Chief Executive Officer	6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
A.g.p. / Alliance Global Partners Corp.	other: Underwriter	88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
William F Lischak	director, 10 percent owner, other: Chief Financial Officer	8800 SUNSET BLVD, 3RD FL, LOS ANGELES CA 90069
Western Acquisition Ventures Sponsor Llc	10 percent owner	42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ali Jahangiri	director	42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ade Okunubi	director	42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004

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